15:46 - 10.06.2024

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June 10, Fineko/abc.az. The current account of Azerbaijan's balance of payments will be in surplus until 2028.

ABC.AZ informs that this is stated in the report of international credit rating agency S&P Global Ratings "On the approval of Azerbaijan's sovereign credit ratings".

According to S&P forecasts, the current account surplus this year will make up 10.3% of GDP, 6.9% in 2025, 5.7% in 2026 and 4.6% in 2027.

The rating agency also predicted trade balance to GDP ratio of 17% this year, 14.3% in 2025, 13.2% in 2026 and 12.2% in 2027.